EBRD cuts Latvia’s growth forecast and warns of Rail Baltica and airBaltic risks

The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth forecasts for all three Baltic states for both this year and next year. According to the bank’s latest projections, Latvia’s gross domestic product (GDP) is expected to grow by 2.0% this year, down from the 2.2% forecast published in February. The forecast […] The post EBRD cuts Latvia’s growth forecast and warns of Rail Baltica and airBaltic risks appeared first on Baltic News Network.